NOT LISTED FOR SALE

2281 Phillips Branch Rd Vilas, NC 28692

Estimated Value: $220,000 - $408,437

1 Bed
1 Bath
832 Sq Ft
$378/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $207,000 $249 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,700/month

Highlights

  • Horse Facilities
  • 10.68 Acre Lot
  • Partially Wooded Lot
  • Watauga High School Rated A-
  • Pasture Views
  • Mountain Architecture

About This Home

As of August 2017

The Quintessential get-a-way cabin on over 10 acres with AMAZING Grandfather Mountain views. Enjoy sitting on the expansive covered porch and seeing the fantastic views while looking out onto your "mountain flat" back yard. Plenty of cleared space around the property to fence for horses, plant a garden or just do some cartwheels. The rest of the acreage is wooded and most gently sloping. There is a spring and wet weather creek running through the property as well. The wooded property is just beautiful with large boulders and beautiful mature trees. Phillips Branch Road borders the property on 3 sides- so getting another home site on the property should be fairly easy. This cottage is a truly special home. The exterior is made of West Coast Cedar, the floors were milled by a neighbor from 100 year old timbers that came out of an RJ Reynolds factory, the wood paneling walls are wormy chestnut (try finding those these days!) The cottage features lofted ceilings with more beautiful wood beams, an open kitchen/ dining area and a bedroom, full bath and loft sleeping area.

Last Agent to Sell the Property

Sarah Long

828 Real Estate Listed on: 05/03/2017

Last Buyer's Agent

Sarah Long

828 Real Estate Listed on: 05/03/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $678

Year Built

  • Built in 1972

Lot Details

  • 10.68 Acre Lot
  • Southern Exposure
  • Partially Wooded Lot
  • Many Trees
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Property Views

  • Pasture
  • Mountain

Home Design

  • Mountain Architecture
  • Cottage
  • Metal Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 832 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Wrap Around Porch
  • Open Patio
  • Outdoor Storage
  • Outbuilding

Schools

  • Cove Creek Elementary School

Farming

  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Spring water is a source of water for the property
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1963806786

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$678

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.68
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 832.0
  • Architectural Style: Cottage, Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: One, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 832.0
  • Stories: 2

Exterior Features

  • Lot Features: Many Trees, Split Possible, Wooded
  • Topography: Pasture
  • View: Long Range, Pasture, Southern Exposure
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding
  • Exterior Features: Horse Facilities, Out Building(s), Other, Storage, See Remarks, Gravel Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Multiple, Open, Wrap Around
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Permit 2 Bedroom
  • Utilities: High Speed Internet Available
  • Water Source: Other, Spring, See Remarks

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Cove Creek

Lot Info

  • Parcel #: 1963806786
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 677.57
  • Tax Book Number: 1621/847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Aug 24, 2017
Sold by
Phillips Branch Road Property Llc
Bought by
Farnsworth Scott and Thomas Tara
Seller's Agent
Sarah Long
828 Real Estate
Buyer's Agent
Sarah Long
828 Real Estate
List Price
$207,000
Sold Price
$207,000
Current Estimated Value
$314,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,219
Avg. Annual Appreciation
5.29%
Original Mortgage
$186,300
Outstanding Balance
$155,032
Interest Rate
3.86%
Estimated Equity
$159,187
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farnsworth Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnsworth Scott $186,300
Closed Farnsworth Scott --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $207,000 0.0% $249 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $207,000 -- $249 / Sq Ft
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $413 $84,300 $26,900 $57,400
2023 $390 $84,300 $26,900 $57,400
2022 $390 $84,300 $26,900 $57,400
2021 $515 $96,000 $14,500 $81,500
2020 $515 $96,000 $14,500 $81,500
2019 $515 $96,000 $14,500 $81,500
2018 $467 $96,000 $14,500 $81,500
2017 $437 $98,400 $16,900 $81,500
2013 -- $83,700 $10,500 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 200536

High Country Association of REALTORS®

APN: 1963-80-6786-000